XML 46 R19.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Summary of Significant Accounting Policies (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2012
Summary of Significant Accounting Policies [Abstract] |
Net income per unit data |
|  | Three Months Ended |  |  | Nine Months Ended |
Basic and Diluted Earnings Per Limited Partner: |  | June 30, |  |  | June 30, |
(in thousands, except per unit data) |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Net income (loss) |  | $ | (11,789 | ) |  | $ | (18,197 | ) |  | $ | 31,624 |  |  | $ | 51,042 |
Less General Partners’ interest in net income (loss) |  |  | (62 | ) |  |  | (88 | ) |  |  | 166 |  |  |  | 247 |
Net income (loss) available to limited partners |  |  | (11,727 | ) |  |  | (18,109 | ) |  |  | 31,458 |  |  |  | 50,795 |
Less dilutive impact of theoretical distribution of earnings under FASB ASC 260-10-45-60 |  |  |  |  |  |  | — |  |  |  | 3,141 |  |  |  | 6,702 |
Limited Partner’s interest in net income (loss) under FASB ASC 260-10-45-60 |  | $ | (11,727 | ) |  | $ | (18,109 | ) |  | $ | 28,317 |  |  | $ | 44,093 |
Per unit data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted net income (loss) available to limited partners |  | $ | (0.19 | ) |  | $ | (0.27 | ) |  | $ | 0.51 |  |  | $ | 0.76 |
Less dilutive impact of theoretical distribution of earnings under FASB ASC 260-10-45-60 |  |  | — |  |  |  | — |  |  |  | 0.05 |  |  |  | 0.10 |
Limited Partner’s interest in net income (loss) under FASB ASC 260-10-45-60 |  | $ | (0.19 | ) |  | $ | (0.27 | ) |  | $ | 0.46 |  |  | $ | 0.66 |
Weighted average number of Limited Partner units outstanding |  |  | 61,024 |  |  |  | 67,078 |  |  |  | 62,236 |  |  |  | 67,078 |
Parts and equipment at lower of cost computed on the FIFO method |
|  | June 30, |  |  | September 30, |
(in thousands) |  | 2012 |  |  | 2011 |
Liquid product |  | $ | 20,540 |  |  | $ | 64,907 |
Parts and equipment |  |  | 16,128 |  |  |  | 15,629 |
|  | $ | 36,668 |  |  | $ | 80,536 |
Partnership's financial assets and liabilities measured at fair value on a recurring basis | (In thousands)
|  |  |  |  |  |  | Fair Value Measurements at Reporting Date Using: |
Derivatives Not Designated as Hedging Instruments Under FASB ASC 815-10 |  | Balance Sheet Location |  | Total |  |  | Quoted Prices in Active Markets for Identical Assets Level 1 |  |  | Significant Other Observable Inputs Level 2 |  |  | Significant Unobservable Inputs Level 3 |
Asset Derivatives at June 30, 2012 |  |  |  |  |  |  |  |  |
Commodity contracts |  | Fair asset and fair liability value of derivative instruments |  | $ | 25,608 |  |  | $ | 10,017 |  |  | $ | 15,591 |  |  | $ | — |
Commodity contracts |  | Long-term derivative assets included in the deferred charges and other assets, net balance |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |
Commodity contract assets at June 30, 2012 |  | $ | 25,608 |  |  | $ | 10,017 |  |  | $ | 15,591 |  |  | $ | — |
Liability Derivatives at June 30, 2012 |  |  |  |  |  |  |  |  |
Commodity contracts |  | Fair liability and fair asset value of derivative instruments |  | $ | (32,203 | ) |  | $ | (10,641 | ) |  | $ | (21,562 | ) |  | $ | — |
Commodity contracts |  | Long-term derivative liabilities included in other long-term liabilities |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |
Commodity contract liabilities at June 30, 2012 |  | $ | (32,203 | ) |  | $ | (10,641 | ) |  | $ | (21,562 | ) |  | $ | — |
Asset Derivatives at September 30, 2011 |  |  |  |  |  |  |  |  |
Commodity contracts |  | Fair asset and fair liability value of derivative instruments |  | $ | 41,531 |  |  | $ | 550 |  |  | $ | 40,981 |  |  | $ | — |
Commodity contracts |  | Long-term derivative assets included in the deferred charges and other assets, net balance |  |  | 257 |  |  |  | 171 |  |  |  | 86 |  |  |  | — |
Commodity contract assets at September 30, 2011 |  | $ | 41,788 |  |  | $ | 721 |  |  | $ | 41,067 |  |  | $ | — |
Liability Derivatives at September 30, 2011 |  |  |  |  |  |  |  |  |
Commodity contracts |  | Fair liability and fair asset value of derivative instruments |  | $ | (41,179 | ) |  | $ | (602 | ) |  | $ | (40,577 | ) |  | $ | — |
Commodity contracts |  | Long-term derivative liabilities netted with the deferred charges and other assets, net balance |  |  | (96 | ) |  |  | (25 | ) |  |  | (71 | ) |  |  | — |
Commodity contract liabilities at September 30, 2011 |  | $ | (41,275 | ) |  | $ | (627 | ) |  | $ | (40,648 | ) |  | $ | — |
(In thousands)
The Effect of Derivative Instruments on the Statement of Operations |
|  |  |  | Amount of (Gain) or Loss Recognized in Income on Derivative |
Derivatives Not Designated as Hedging Instruments Under FASB ASC 815-10 |  | Location of (Gain) or Loss Recognized in Income on Derivative |  | Three Months Ended June 30, 2012 |  |  | Three Months Ended June 30, 2011 |  |  | Nine Months Ended June 30, 2012 |  |  | Nine Months Ended June 30, 2011 |
Commodity contracts |  | Cost of product (a) |  | $ | 359 |  |  | $ | (9,717 | ) |  | $ | 15,683 |  |  | $ | (5,512 | )
Commodity contracts |  | Cost of installations and service (a) |  | $ | (120 | ) |  | $ | (384 | ) |  | $ | (224 | ) |  | $ | (798 | )
Commodity contracts |  | Delivery and branch expenses (a) |  | $ | 4 |  |  | $ | (229 | ) |  | $ | (87 | ) |  | $ | (712 | )
Commodity contracts |  | (Increase) / decrease in the fair value of derivative instruments |  | $ | 11,225 |  |  | $ | 16,323 |  |  | $ | 1,362 |  |  | $ | (10,844 | )
(a) | Represents realized closed positions and includes the cost of options as they expire.
Property and equipment |
(in thousands) |  | June 30, 2012 |  |  | September 30, 2011 |
Property and equipment |  | $ | 164,960 |  |  | $ | 155,426 |
Less: accumulated depreciation |  |  | 112,871 |  |  |  | 108,295 |
Property and equipment, net |  | $ | 52,089 |  |  | $ | 47,131 |
Current and deferred income tax expenses |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | June 30, |  |  | June 30, |
(in thousands) |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Income (loss) before income taxes |  | $ | (22,434 | ) |  | $ | (30,784 | ) |  | $ | 53,022 |  |  | $ | 90,934 |
Current tax expense (benefit) |  | $ | (1,372 | ) |  | $ | (194 | ) |  | $ | 7,741 |  |  | $ | 14,427 |
Deferred tax expense (benefit) |  |  | (9,273 | ) |  |  | (12,393 | ) |  |  | 13,657 |  |  |  | 25,465 |
Total tax expense (benefit) |  | $ | (10,645 | ) |  | $ | (12,587 | ) |  | $ | 21,398 |  |  | $ | 39,892 |

X
- Definition Net income per unit data. + References No definition available. + Details
Name: | sgu_ScheduleOfNetIncomeAllocationAndPerUnitDataTableTextBlock
Namespace Prefix: | sgu_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 740 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 9 -Section 50 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 820 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic -SubTopic -Publisher SEC -Number 210 -Article 5 -Subparagraph a,b,c -Name Regulation S-X (SX) -Paragraph 6 -Section 2 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration